Space hardware/services provider OHB names new CEO of German operating unit, says 2023 profit may fall short

by Peter B. de Selding

UPDATE Jan. 18: OHB SE has completed the planned capital increase of 77 million euros ($83.8 million) with funds promised by affiliates of private-equity investor KKR. OHB CEO Marco Fuchs said the funds will be used "towards our goal of becoming the leading provider of space solutions in Europe," and would be distributed among all three of the company's divisions - Space Systems, Aerospace and Digital.

In a separate transaction also promised as part of the August 2023 agreement that gave KKR a minority shareholding in OHB, KKR is investing . . .

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